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Security Risk Management Jobs in Chicago, IL (NOW HIRING)

Develop and implement an enterprise security risk management (ESRM) framework aligned with business priorities, including ongoing assessment of threats, vulnerabilities, and geopolitical risks.

Develop and implement an enterprise security risk management (ESRM) framework aligned with business priorities, including ongoing assessment of threats, vulnerabilities, and geopolitical risks.

Develop and implement an enterprise security risk management (ESRM) framework aligned with business priorities, including ongoing assessment of threats, vulnerabilities, and geopolitical risks.

... Systems Security Professional (CISSP), Certificate in Risk Management Assurance (CRMA), Certified Internal Auditor (CIA), Operations Risk Manager (ORM) or related certifications * Demonstrated ...

Security Officer - Surveillance & Protection We are looking for competent Security Officers to ... Position: Full-time / Part-time (as indicated) Risk Management Officer - We are seeking a friendly ...

New

Strong knowledge of security domains such as auditing, policy, database security, firewall design and implementation, risk analysis, identity management, access management, cloud security, or web ...

Security Coordinator

Hodgkins, IL ยท On-site

$61K - $74K/yr

Security Risk Management * Conduct regular security audits and risk assessments to identify vulnerabilities and security gaps at the facility. * Identify, evaluate, and document security risks to the ...

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Security Risk Management information

See Chicago, IL salary details

$10

$51

$72

How much do security risk management jobs pay per hour?

As of Jul 14, 2026, the average hourly pay for security risk management in Chicago, IL is $51.97, according to ZipRecruiter salary data. Most workers in this role earn between $42.12 and $61.97 per hour, depending on experience, location, and employer.

What are the typical challenges faced by professionals in Security Risk Management, and how can they be addressed?

Professionals in Security Risk Management often encounter challenges such as rapidly evolving threats, balancing security with business operations, and ensuring organization-wide compliance with regulations. Staying current with the latest risk trends and fostering cross-department collaboration are key strategies for overcoming these obstacles. Additionally, clear communication of risks to non-technical stakeholders and ongoing training are essential for building a proactive security culture and effective risk mitigation.

What is Security Risk Management?

Security Risk Management is the process of identifying, assessing, and mitigating risks to an organization's information, assets, and operations. It involves evaluating potential threats and vulnerabilities, determining their potential impact, and implementing strategies to minimize or control these risks. The goal is to protect the organization from security breaches, data loss, and other threats while ensuring compliance with legal and regulatory requirements. Security Risk Management is essential for maintaining business continuity and safeguarding reputation.

What are the key skills and qualifications needed to thrive in Security Risk Management, and why are they important?

To excel in Security Risk Management, you need a solid understanding of risk assessment frameworks, cybersecurity principles, and compliance standards, often supported by a degree in information security or related fields. Familiarity with risk management tools, security incident response systems, and certifications such as CISSP or CISM is typically required. Strong analytical thinking, communication, and decision-making skills help professionals navigate complex threats and collaborate across departments. These competencies are crucial for effectively identifying, mitigating, and communicating risks to protect organizational assets and ensure regulatory compliance.

What is the difference between Security Risk Management vs Security Analyst?

AspectSecurity Risk ManagementSecurity Analyst
CertificationsCRISC, CISSP, CISMCompTIA Security+, CISSP, CEH
Work EnvironmentStrategic, policy-focused, risk assessmentOperational, monitoring, incident response
Employer & Industry UsageOrganizations managing enterprise security risksSecurity teams, cybersecurity firms, IT departments

Security Risk Management focuses on identifying, assessing, and mitigating security risks at an organizational level, often involving policy development and strategic planning. In contrast, Security Analysts primarily monitor security systems, analyze threats, and respond to incidents. Both roles are essential but differ in scope and responsibilities within the cybersecurity field.

What job categories do people searching Security Risk Management jobs in Chicago, IL look for? The top searched job categories for Security Risk Management jobs in Chicago, IL are:
Infographic showing various Security Risk Management job openings in Chicago, IL as of July 2026, with employment types broken down into 1% As Needed, 81% Full Time, 15% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $108,090 per year, or $52 per hour.
Associate Principal, Security Assurance

Associate Principal, Security Assurance

The Options Clearing Corporation

Chicago, IL โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago


Job description

*****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****
To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment.
What You'll Do:
The Associate Principal, Security Assurance is responsible for conducting various Security assessments, including collaboration with other Security teams to assess risk and requirements for new technology onboarding and PoCs, Third Party Security Assessments to support OCC's Third Party Risk Management team, assisting with oversight of the Security Observation Risk Tracking process, and special risk assessments as requested by Security leadership. This position includes supporting other Security Assurance team members in the development of these various risk assessments listed above.
Secondary responsibilities include assisting with oversight of configuration monitoring for CIS Benchmark control compliance on Windows/Linux platforms including new asset builds, preparation of monthly reporting metrics and materials for Security Assurance processes, assisting with management of team request intake, and assisting with review of risk observations, risk action plans, and risk acceptances from Operational Risk Management processes.
Primary Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.
  • Conducting Security risk assessments of OCC third parties and technologies
  • Collaborate with the Security Engineering & Technology Integration and Threat Intelligence teams to assess risk and set security requirements for new technology onboarding and PoCs
  • Assist with oversight of the Security Observation Risk Tracking process which includes processing security observations nominated from various sources, assessing risk ratings for observations, communicating observations to risk owners, and managing the observation lifecycle
  • Participate in Security review and oversight of configuration monitoring process for Windows and Linux platforms including review of compliance reports for new asset builds and operating system base images
  • Participate in Security review and approval of Linux server privilege elevation requests
  • Prepare monthly reporting metrics and materials related to the Security Observation Risk Tracking process for inclusion with other reporting targeted at executive and Board audience
  • Assist with team request intake such as reviewing new technology requests for risk assessment applicability
  • Participate in Security review and approval of Risk Intake, Risk Action Plan, and Risk Acceptance records managed by the Operational Risk Management & Controls team
  • Assist with other Security Assurance Program efforts including but not limited to tracking of remediation and validation of audit, compliance, and regulatory findings as needed.
  • Assist Security Analysts, transferring technical and risk management knowledge
  • Perform other duties as assigned

Supervisory Responsibilities:
  • None

Qualifications:
The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
  • Effective oral and written communication, analytical, judgment and collaboration skills.
  • Analytical skills to successfully analyze, model, and present complex risk assessments
  • Ability to work independently and effectively with local and remote OCC staff, management, vendors, and consultants while exercising sound judgment
  • Strong understanding of information technology, risk management concepts, and analytics
  • Possesses critical OCC values (i.e., fact based, collaborative, credibility/trust and judgment).

Technical Skills:
  • Advanced understanding of information related frameworks and standards such as COBIT, NIST 800-53, NIST CSF, ISO etc.
  • Experience in security risk management principles and practices.
  • Experience in working with regulatory frameworks and requirements relevant to OCC such as, Reg SCI, CFTC 99.18, etc.
  • Experience working in ServiceNow, Tableau, Archer GRC, Jira, and Confluence

Education and/or Experience:
  • 5 years hands-on Information Security experience, preferably within previous work in Compliance, Audit, Risk Management, or Security.
  • Bachelor's degree in Computer Science, Management Information Systems, Statistics & Quantitative Modeling, Mathematics a plus or the equivalent combination of education and/or relevant experience.

Certificates or Licenses:
  • Professional network and/or security certifications are a plus, but not required (i.e., GIAC, CISSP, CISA, CISM, CRISC, AWS cloud computing)

About Us
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
Benefits
A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:
  • A hybrid work environment, up to 2 days per week of remote work
  • Tuition Reimbursement to support your continued education
  • Student Loan Repayment Assistance
  • Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
  • Generous PTO and Parental leave
  • 401k Employer Match
  • Competitive health benefits including medical, dental and vision

Visit https://www.theocc.com/careers/thriving-together for more information.
Compensation
  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range
$116,100.00 - $158,300.00
Incentive Range
8% to 15%
This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.
Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

For more information about OCC, please click here.
OCC is an Equal Opportunity Employer